CHL Limited announced it has received a Compounding Order from the Reserve Bank of India, imposing a penalty of INR 1.557 Cr.

This action relates to contraventions of foreign exchange management regulations.

The company is obligated to deposit this amount with the RBI within 15 days of the order.

CHL Limited has clarified that this payment will not have a material impact on its financial, operational, or other business activities, reassuring investors about the limited scope of this regulatory matter.